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Luxury goods
Frédéric Arnault to become CEO of LVMH Watches
...Spare a thought for 29-year-old Frédéric Arnault, chief executive of Swiss sports watch brand TAG Heuer and fourth child of LVMH’s Bernard Arnault; he can’t even go to a party without rumours circulating...
January 5, 2024
Menswear
V-necks are back
...The style looked grown-up and flattering on Brad Pitt, who wore a V-neck sweater over a crisp white shirt in the Inez and Vinoodh-directed short film shown during the Chanel show in March....
April 8, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
LVMH
LVMH goes to Hollywood to get brands on screen
...LVMH, the world’s biggest luxury group with a market value of €418.19bn, has led the industry’s efforts to capitalise on associations with popular culture and celebrity to boost its appeal, hiring singer...
February 22, 2024
LVMH
LVMH accounts for bigger share of French exports than agricultural sector
...Global sales of handbags and perfumes made by LVMH account for a larger share of France’s exports than all of the Camembert and wine produced by the country’s famed agricultural sector....
April 18, 2024
ReviewPhotography
Photo City exhibition review — photography and the metropolis in conversation at V&A Dundee
...Photo City: How Images Shape the Urban World at the V&A Dundee is a terrific exploration of the exchanges between the ways cities have been photographed and of how those images have shaped the subsequent...
April 11, 2024
News in-depthSephora SA
LVMH-owned Sephora seizes on ‘lipstick effect’ as it aims for €20bn sales goal
...Under LVMH, Sephora embarked on a period of rapid international expansion, particularly in Europe and in the US, beauty’s biggest market....
March 5, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthLVMH
LVMH succession plans accelerate as Arnault children step up
...Shareholders on Thursday will vote on the board appointments of Alexandre Arnault, a 31-year-old senior executive at Tiffany, and his 29-year-old brother Frédéric, who was recently appointed head of LVMH...
April 15, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
LVMH sales growth slows as luxury demand softens
...Sales at the Paris-based group’s fashion and leather goods division, a global bellwether for personal luxury goods, grew 2 per cent on an organic basis to €10.5bn in the first three months of this year....
April 16, 2024
Live news: Sterling strengthens as UK inflation data hits hopes of interest rate cuts
Luxury shares gain as sales growth at LVMH reassures nervous investors
...Shares in luxury companies rose on Wednesday after industry leader LVMH reported first-quarter results, reassuring investors nervous about the industry’s prospects that it could eke out growth in a much...
April 17, 2024
Architecture
Tropical Modernism at the V&A — the architects who built a postcolonial future
...So when the two leaders on whom the V&A show focuses, India’s Jawaharlal Nehru and Ghana’s Kwame Nkrumah, gained independence for their nations (in 1947 and 1957 respectively), they took this architecture...
March 1, 2024
Chess
Chess: Half a century on, Fischer v Spassky at Reykjavik still echoes
...Fischer v Spassky, and Slater’s funding of the first five British grandmasters, sparked vintage years for English chess, which ultimately just missed the individual world title and the Olympiad gold medals...
March 11, 2024
LVMH
LVMH’s growth weighed down by softening China luxury demand
...Sales also fell year on year in the group’s watches and jewellery division....
April 17, 2024
John Gapper
Rolex has ended up in a Peruvian pile of bling
...The Rolex Datejust, a self-winding luxury watch that displays the date through its Cyclops magnifying lens, was launched in 1945 and is one of the Swiss company’s iconic models....
April 5, 2024
Russian business & finance
UK imposes sanctions on Dutch oil trader over Russia links
...The UK Treasury said on Thursday it was imposing sanctions because of his association with Paramount SA which has been “involved in obtaining a benefit from or supporting the government of Russia”....
February 22, 2024
Money laundering
Swiss private banker charged with stealing dirty money from own client
...The individual, whose anonymity is protected by Swiss criminal law, was accused by the Swiss public prosecutor on Wednesday of taking more than SFr14mn ($15.4mn) in a multi-layered criminal conspiracy over...
April 3, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
John Gapper
Succession at LVMH will test the Arnault family’s bonds
...One is that the older he gets and the closer LVMH comes to a decision, the tenser the whole affair becomes....
January 26, 2024
Super Tuesday: How the night unfolded
Court appearances complicate Trump’s travel schedule
...Later that day, he spoke at a rally in Atkinson, New Hampshire. The next morning, Trump flew back to New York for the second day of the trial....
March 5, 2024
News updates from January 26: ICJ grants South Africa’s request for emergency measures in Gaza, US core PCE dips below 3%
LVMH shares surge on strong end to 2023, driving sector higher
...Shares in the world’s biggest luxury group LVMH rose more than 8.5 per cent on Friday morning as investors were reassured by a pick-up in sales growth towards the end of 2023, even as the annual pace of...
January 26, 2024
Transcript
Transcript: No schedule, no meetings — are ‘working hours’ history?
...But because our diaries are now freed up because of asynchronous work, because now I’m not trying to schedule in amongst 30 other hours of meetings in a week, that actually allows me the time to jump on...
March 19, 2024
HTSI
What’s ticking at LVMH Watch Week?
...Frédéric Arnault, LVMH scion and quondam CEO of TAG Heuer, has been upgraded to a new role: CEO of the LVMH watch division....
January 29, 2024
LexLVMH
LVMH puts fears of a luxury crunch to rest Premium content
...When the sea gets choppy, it is better to be on a transatlantic liner than a lifeboat. That is the message from LVMH....
January 27, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
LVMH managing director Belloni to step down
...He will also leave the group’s board after its annual meeting in April, LVMH said on Thursday. He will remain at the group as president of LVMH Italy, and will work on strategic missions with Arnault....
March 21, 2024
Swiss politics
Activists trigger referendum that could end Swiss sanctions on Russia
...Activists in Switzerland have triggered a referendum on proposals that would end the country’s harsh economic sanctions on Russia and rule out any punitive restrictions on trade with China....
April 11, 2024
Jonathan Moules
Just like a business, an allotment needs good partnerships
...And so comes another crossover lesson from my career as a business reporter covering start-ups — the basis for this column — never overlook the value of a good partnership....
March 8, 2024
ReviewTheatre
James V: Katherine, Edinburgh review — exceptional entry in Rona Munro’s Scottish history series
...They occupied Scotland’s largest stages: this is off on a fast and furtive tour of smaller spaces and rural venues, starting at the Studio in Edinburgh....
April 12, 2024

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